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Credit Suisse Hikes Tesla Target To $280 After Delivery Miss, Expects Strong Back-Half Of 2016
Tuesday, April 5, 2016 - 9:06am | 322Read More...Tesla Motors Inc (NASDAQ: TSLA) reported a slight miss in Q1 volumes, but maintained its full-year guidance. Credit Suisse’s Dan Galves maintained an Outperform rating for the company, while raising the price target from $240 to $280. Tesla reported its Q1 deliveries at 14,820, short of...
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Tesla Model 3 Order Reservations Blew This Analyst's Prediction Out Of The Water
Friday, April 1, 2016 - 11:15am | 234Read More...While more than 12,000 people had visited Tesla Motors Inc’s (NASDAQ: TSLA) 95 North American locations to reserve Model 3 as of Thursday morning, there were also reports of significant lines in Northern Europe and China/Hong Kong overnight. Credit Suisse's Dan Galves in a Thursday...
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Will Tesla's Model 3 Offer A Positive Surprise For Shareholders?
Wednesday, March 30, 2016 - 8:45am | 290Read More...Credit Suisse’s Dan Galves does not expect “much incremental information” during Tesla Motors Inc (NASDAQ: TSLA Model 3 unveiling on Thursday. “However, the real catalyst from the Model 3 unveil will be the first indication of demand for the car, in terms of initial...
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Analysts Met With Tesla's New CFO: Here's What Happened
Monday, February 29, 2016 - 11:09am | 264Read More...Credit Suisse's Dan Galves maintained an Outperform rating on Tesla Motors Inc (NASDAQ: TSLA), with a price target of $240. Following a tour of the company's Fremont, California assembly plant and meeting with the new CFO, Jason Wheeler, Galves said that the plant appeared more evolved since his...
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Credit Suisse Downgrades Ford To Underperform, Continues To Favor GM
Wednesday, February 24, 2016 - 9:17am | 355Read More...Credit Suisse’s Dan Galves downgraded the rating for Ford Motor Company (NYSE: F) from Neutral to Underperform, while maintaining the price target at $13. An Outperform rating was maintained for General Motors Company (NYSE: GM), with the price target at $38. Volumes in the auto sector...
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Tesla Shares Rev Up With Analyst Confidence
Thursday, February 11, 2016 - 2:08pm | 780Read More...Tesla Motors Inc (NASDAQ: TSLA) shares continued to spike on Thursday following investor confidence off the company’s increased deliveries guidance for the first quarter of 2016. The company fell short of revenue projections and posted a loss per share of $0.87 when consensus saw them at a $0...
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Credit Suisse Lowers Tesla's Price Target To $240; 'Choppy Path, But Worth The Wait'
Thursday, February 11, 2016 - 8:53am | 366Read More...Tesla Motors Inc (NASDAQ: TSLA) shares have plunged 40.14 percent year-to-date, to a low of $143.67 on Wednesday. Dan Galves of Credit Suisse has maintained an Outperform rating on the company, while lowering the price target from $325 to $240. Although the company has reported its 4Q15...
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Credit Suisse's Tesla Analyst Sees Buying Opportunity, Stands By 2016 Forecast
Monday, February 8, 2016 - 10:00am | 395Read More...Tesla Motors Inc (NASDAQ: TSLA) shares have declined 32.95 percent over the past six months, to a low of $162.60 on February 5. Dan Galves of Credit Suisse has maintained an Outperform rating on the company, with a price target of $325. Galves believes that concerns regarding the Model X...
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Tesla, GM And Delphi Best Stocks In A Worsening Auto Market
Monday, February 1, 2016 - 12:21pm | 259Read More...In a new report, Credit Suisse analyst Dan Galves discussed struggling auto stocks. Despite a record-setting 2015, Credit Suisse is projecting flat SAAR for the auto industry this year. Galves explains that in the near-term, “Sentiment remains very poor, with Buyside seeing negative risk/...
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Credit Suisse Sees Downside In Ford, Prefers...Caterpillar?
Friday, January 29, 2016 - 11:08am | 518Read More...Ford Motor Company (NYSE: F) shares have dropped 18 percent since December 29, while shares of Caterpillar Inc. (NYSE: CAT) are down 11 percent. Credit Suisse analysts maintained a Neutral rating for Ford, while reducing the price target from $15 to $13. The rating and price target for...
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Credit Suisse Warns Of 'Pockets Of Concern' In Auto Market
Friday, January 15, 2016 - 11:16am | 449Read More...Shares of AutoNation, Inc. (NYSE: AN), Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) are all down more than 10 percent in January 2016. Credit Suisse’ Dan Galves maintained a Neutral rating for Ford and an Outperform rating for on General Motors, with price...
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Credit Suisse Upgrades GM, Puts Value At $38 Per Share
Monday, January 11, 2016 - 9:58am | 236Read More...General Motors Company (NYSE: GM) shares have lost 13 percent over the past 5 trading days. Credit Suisse’s Dan Galves upgraded the rating for the company from Neutral to Outperform, while raising the price target from $37 to $38. While the company’s earnings power appears...
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Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker Out, Kellogg In
Tuesday, December 8, 2015 - 9:46am | 772Read More...The consumer discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary SPDR (ETF) (NYSE: XLY) has gained 11.5 percent versus the S&P 500’s 0.7 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have...
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What's The Biggest Catalyst For Tesla? Here's What Daniel Galves Thinks
Wednesday, November 25, 2015 - 9:46am | 304Read More...The share price of Tesla Motors Inc (NASDAQ: TSLA) has appreciated 4.38 percent the past one month, while declining 1.87 percent year-to-date. Daniel Galves of Credit Suisse has maintained an Outperform rating on the company, with a price target of $325. Galves believes the company’s Q4...
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Ford Has Rising Costs And Few Catalysts, Warns Credit Suisse
Wednesday, October 28, 2015 - 8:32am | 384Read More...Ford reported earnings on Tuesday. Traders digested the news live on Benzinga's Premarket Prep. Ford Motor Company (NYSE: F) shares have declined 6.35 percent over the past six months, from a high of $16.06 on April 28. Credit Suisse’s Dan Galves has maintained a Neutral rating on...
